The proposed changes are analogical to the amendments approved by the cabinet two weeks ago in the draft bill for amendments and supplements to the Municipal Property Act and were incited by the latest natural disasters faced by Bulgaria - the floods in February and the strong earthquake in May this year.
Serious amount of money was allocated to cope with the damages and the consequences after the latest natural disasters, which could have been saved if the municipalities and the citizens had insured their property against all kinds of risks.
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BULGARIA: Government to make state-own property insurance against natural disasters obligatory
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